Energy Performance Building Directive EPBD 2023 – Feedback Needed

Energy Performance Building Directive EPBD 2023 – Feedback Needed

The Energy Performance Building Directive EPBD 2023 was voted on and agreed in March in Europe.  It will be transcribed into Irish Law. It requires that existing residential buildings will need to reach Building Energy Rating: – BER E by 2030 BER D by 2033 Protected properties are currently not included. 55% of Irish rental stock is D or lower see report  INTRODUCING MINIMUM ENERGY EFFICIENCY PERFORMANCE STANDARDS IN THE RENTAL SECTOR. Obviously, the tenant gains greatly from lower energy bills and the Landlord only gains when the Landlord sells. IPOA will outline Member’s issues and requirements for the process
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Categories: News.
Fire Alarm – Battery Operated?

Fire Alarm – Battery Operated?

April 2023 Question: Can I use a battery operated Fire Alarms in my rental property? Response: Frighteningly, in as little as 3 minutes a person can die of smoke inhalation. Landlords please be aware of your responsibilities in relation to fire safety and to ensure that your properties are fully compliant with the fire safety standards and regulations applicable to rental properties. Fire alarms should be either mains-wired with a battery back-up or be 10-year self-contained battery operated. With regards to fire safety, landlords must ensure: There is a suitable self-contained fire detection and alarm system in each house. There
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Categories: Landlord Query of the Week and Uncategorized.
We Are Hiring

We Are Hiring

April 2023 Accounts/Membership Administrator – Maternity Cover An opportunity has arisen in IPOA for an Accounts & Membership Administrator to cover Maternity Leave. You will form part of a small team and will be working within a varied role. Day to day duties will include the following: Customer Service Dealing with telephone enquiries into the office efficiently and effectively Dealing with email enquiries and drop in queries from members. Data Management Set up new Members/Suppliers/Advertisers on the system. Issue welcome packs Manage the Associations memberships database to ensure all information is up to date and accurate. Accounts Ensure all memberships
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Categories: News.
IPOA statement in response to Notice of Termination figures published by RTB 

IPOA statement in response to Notice of Termination figures published by RTB 

April 2023 IPOA statement in response to Notice of Termination figures published by RTB The Irish Property Owners Association (IPOA) notes the publication of figures pertaining to Notices of Terminations received by the Residential Tenancies Board for Q4 of 2022. The figures published today [3rd April 2023] show that landlords intending to sell the rental property in question remained the reason for serving a Notice of Termination in the majority of cases (2,513 – 58.05%). It is clear that a combination of excessive regulatory and financial burdens is creating an environment in which many private landlords have no option but
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Categories: News.
Landlord Query : Rent Review

Landlord Query : Rent Review

April 2023 Question: I recently notified a tenant of a rent increase, gave the proper notice period and comparable properties in the area. The tenant is disputing the notice, suggesting the RTB should have been notified at the time the notice was issued. Is this this position ?   Response: Your tenant is incorrect in their understanding. You are not required to copy the RTB with the Notice of Rent Review on the same date you serve this on the tenant. However, landlords must inform the RTB of the new rent and any updated details for the tenancy register, within
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Categories: Uncategorized.
Deduction of mortgage interest for companies?

Deduction of mortgage interest for companies?

March 2023 Question: As a company can you claim a deduction on mortgage interest payments? Response: If you are paying a mortgage on your rental property, you can claim a tax deduction for mortgage interest relief. The full amount of interest accrued (from 2019) is considered an allowable deduction. Important to note: you can only claim for interest that is paid during the time the property is let. If you bought the property through a company, you cannot claim a deduction for interest payments.   Response Credit: Brendan Allen FCPA, FCCA, CTA – Chartered Tax Advisers * Take note of
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Categories: Uncategorized.
Landlord Query: Deposit Retention – Damage to property

Landlord Query: Deposit Retention – Damage to property

March 2023 Question: I have just conducted a final inspection on my rental property. The tenants have been in situ for three years. My lease agreement specifically states no smoking is permitted in the property. There is significant nicotine damage – burn marks in the sofa and carpet as well as nicotine stains on the wall. Am I within my rights to retain part of the deposit to repair these damages? Response: A property should be left clean and tidy when the tenant leaves, you cannot expect the property to be returned in the exact same condition it was presented
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Categories: Landlord Query of the Week and Uncategorized.